10 Top undergraduate business schools in Canada | Tuition & programs

Canada’s business schools for employability are spread in every part of the country.

A business school can be defined as a university-level institution that confers degrees in business administration or management.

A business school may also be referred to as the school of management or the school of business administration.

A business school most times teaches topics such as accounting, administration, business analytics, strategy, economics, entrepreneurship etc.

Canada attracts students from all over the world because of its high quality of life and educational standards.

The strength of their educational institutions is one of the reasons why students choose to study in Canada.

Read on as we explore the top undergraduate business schools in Canada.


Are you an international student planning to attend the top undergraduate business schools in Canada? A Temporary Resident (entry) Visa is required by citizens of some countries to enter Canada.

For a full list of countries whose citizens require visas to enter Canada as visitors, please visit Citizenship and Immigration Canada.

Detailed information regarding Citizenship and Immigration Canada’s consulates, embassies and high commissions worldwide can be found at Citizenship and Immigration Canada’s website

Study Permit

Students planning to study in Canada for less than 6 months do not require a Study Permit.

Students intending to work on campus will need a Study Permit regardless of their period of study.

No Work Permit is needed to work on campus. Exchange Students are not eligible to work off-campus.

Forms of business school

There are several forms of business schools including:

  • School of Business
  • Business administration
  • Management

Below are the 10 Top undergraduate business schools in Canada

Here are the top undergraduate business schools in Canada:

  • Smith School of Business–Kingston, Ontario
  • Rotman School of Management–Toronto, Ontario
  • Ivey Business School–London, Ontario
  • Desautels Faculty of Management–Montreal, Quebec
  • Alberta School of Business—Edmonton, Alberta
  • UBC Sauder School of Business–Vancouver, British Columbia
  • Schulich School of Business–Toronto, Ontario
  • HEC Montreal–Montreal, Quebec
  • John Molson School of Business–Montreal, Quebec
  • DeGroote School of Business–Burlington, Ontario

Now let us review these top undergraduate business schools in Canada.

Smith School of Business–Kingston, Ontario

This business school established its first undergraduate business degree a century ago in order to create groundbreaking programs and courses in areas that include artificial intelligence, fintech, analytics, cultural diversity, team dynamics and social impact.

They deliver an outstanding learning experience. The classes are small and as such you receive personal attention.

Smith School of Business offers a robust and prestigious undergraduate program for post-secondary students as well as certificate option for those already at the undergraduate level. They offer:

  • Bachelor of Commerce
  • Certificate in Business

Smith’s four-year BCom program is designed to develop exceptional leaders, valuable team members, and highly effective managers.

Therefore you can personalize your degree by taking advantage of numerous opportunities available to you in this program — the Certificate in Social Impact, study abroad options, and positions in ComSoc, the largest undergraduate business society in Canada.

Smith is one of the top undergraduate business schools in Canada that offers a Certificate in Business which can be taken while pursuing a non-business undergraduate degree.

It expands horizons and career options by providing the fundamentals of business management.

Due to the strong international reputation of Smith School of Business, their programs have continued to attract students from around the world. Full-time students, exchange students and international students from over 40 countries of the world come to study here.

Interestingly, every year we receive almost 500 international exchange students in their graduate and undergraduate programs.

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Rotman School of Management–Toronto, Ontario

Pursuing an MBA is an interchanging decision. Rotman is Canada’s leading MBA school.

Obtaining an MBA from the University of Toronto’s Rotman School of Management gives you the knowledge, agility and confidence you need to transform your future.

Also, it helps you master business fundamentals and fulfil your potential with Canada’s leading MBA program.

Here you can study before or after work, twice a week, and earn a degree from one of the world’s top business schools. Here are some options for you to choose from:

  • Full-Time MBA
  • Morning MBA and Evening MBA
  • One-Year Executive MBA

Their One Year Executive MBA program costs $116,542 CAD and this program fee covers:

  • Tuition
  • All program materials
  • Class-day meals
  • Accommodation for Toronto residential modules and use of University of Toronto facilities

Here also is the Full-Time MBA academic fees:

Canadian citizens and permanent residents:CAD $94,854 (USD $74,512)

International students on a study permit: CAD $131,120 (USD $103,001) Find out more on their website.

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Ivey Business School–London, Ontario

Ivey Business School at Western University, Canada’s is a leading top undergraduate business school in Canada and also aprovider of real-world, case-based business education.

They provide classroom experience and equip students, through Case-Method learning, with the skills and capabilities they need to tackle today’s leadership challenges.

Here are some important things to take note of about the school.

For six years running, Bloomberg Businessweek has ranked Ivey the No. 1 MBA program in Canada (2014-2019). In 2017, a survey of employers ranked Ivey as the sixth-best MBA program located outside the United States.

In 2020, the Financial Times ranked their Executive Education program#1 Overall in Canada. Their Custom programs have also ranked #1 for three years in a row (2018-2020).

In 2021, The Economist (Full-time MBA ranking) ranked our MBA Program No. 1 in Canada for:

  • Education Experience (9th globally)
  • Alumnus/Student Assessment of Career Services (11th globally)
  • Student Quality (43rd globally). 

Tuition & Academic Expenses:

Tuition for Domestic Students: $83,250

International Students: $120,500

Other expenses:

Western Student Organization Fees (including MBA Association Fee): $1250

Western Student Ancillary Fees: $550

Ivey Course Material Fees (case books): $2800

14-Month Program and Classes start in January each year with online access beginning in November.

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Dsautels Faculty of Management–Montreal, Quebec

This is institution was founded in the year 1906. Desautels Faculty of Management at McGill University is ranked as one of the world’s top international business schools by BusinessWeek, Canadian Business, Forbes and The Economist.

This faculty has many innovative programs and historic reputations for excellence and they have continued to attract the finest students as well as the most prominent professors.

There are numerous research centres and academic programs in this school which you might not find in the top undergraduate business schools in Canada. They have academic programs for undergraduates, masters, executive and PhD levels.

Students come from over 75 countries around the world and this creates a uniquely multicultural environment that provides students great opportunities to learn and develop properly.

Here are the 10 Points of Pride at Desautels

  • 1st in North America and 36th globally for MMF programs (Financial Times Global Masters in Finance Pre-Experience Ranking 2021)
  • 1st in Canada and 20th globally for MBA programs (America Economia Global MBA Ranking 2021)
  • 1st in Canada and 11th globally for MMA programs (QS Masters in Business Analytics Rankings 2022)

With more than 70% of this faculty from over 25 countries, they have continued to push the boundaries of knowledge. Here are some beautiful points to take note of about this school:

  • Recognition on the world stage
  • World-renowned professors
  • A hub for entrepreneurship
  • An unrivaled undergraduate program
  • Experiential learning and case competitions
  • Exceptional career prospects
  • At the forefront of research
  • Growing ambitions
  • A focus on sustainability

Tuition: $57,465
Tuition waiver for Canadians and Permanent Residents: ($8,505)

Net tuition for Canadians and Permanent Residents: $48,960

Study Trips – Toronto & New York: $1,000

Incidental fees: $2,000

Health Insurance: $2,000

Books and supplies: $1,600

Application for Admission deadline: January 15

Supporting Documents Submission deadline: March 15

Entrance Scholarship Application deadline: January 21

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Alberta School of Business—Edmonton, Alberta

Alberta School of Business is one of the top undergraduate business schools in Canada that fosters and supports an environment where innovation and entrepreneurial thinking is free to flourish in all of their programs – from undergraduate, MBA and master’s programs to PhD business degrees.

They are ranked 4th in Canada and 90th globally by the 2021 Times Higher Education: Business and Economics. You can check out other rankings here.

This school has grown to be one of the world’s leading institutions of business education and research.

Recognized for its leadership in research, the quality of academic programming, graduate career success, and economic impact for Alberta and the world, the School fosters and supports an environment where innovation and entrepreneurial thinking is free to flourish. They offer the following programs:

Bachelor of Commerce (BCom)

Their Bacheor of Commerce program has empowered thousands of undergraduates to shape their futures and become leaders in Alberta and around the world.

MBA and Master’s Programs

Their  MBA and Master’s programs at the University of Alberta equips you with the skills and knowledge to advance your career.

There are options for you in this course, you can decide to take it for two years or have it fast tracked for 10 months.

This course can be delivered both online and in-person, this option offers all of the benefits of the full-time program but allows you to continue working.

Check out other programs. There are costs to expect and they are listed below:

Tuition& Fees: $4,676.55

Books & Materials: $500 – $800

Campus Accommodation: $500 – $1500/month

Food/Living Expenses: $300/month

Transit Pass: $153 (U-Pass)

Applications Open: October 1, 2021
Application Deadline: March 1, 2022
Transcript Deadline (Transfer):  June 15, 2022
Transcript Deadline (High School)August 1, 2022
Classes Begin: September 2022

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UBC Sauder School of Business–Vancouver, British Columbia

This is one of the top undergraduate business schools in Canada with top-ranked programs that combine theory with practical application with all of the emphasis on business fundamentals.

They were ranked Ranked #1 in Canada by Maclean’s Magazine.

Students from all over the world choose UBC’s four-year Bachelor of Commerce (BCom) program to develop the skills and confidence they need to become the next generation of responsible business leaders.

At the UBC Sauder School of Business, you’ll learn from accomplished research faculty and industry professionals while benefiting from experiential learning opportunities like Co-op and international exchange—all to prepare you to take your first steps toward a successful and rewarding career. 

The UBC’s four-year Bachelor of Commerce (BCom) program has been ranked the No 1 Best Business Program in Canada for the last 5 years and then 37th in the whole world.

At UBC Sauder, you’ll find yourself among a diverse group of students who are creative, enthusiastic, and motivated to succeed.

Together, you’ll learn from leading academics who are experts in their dedicated fields of study

Apart from the UBC’s four-year Bachelor of Commerce (BCom) program, there are master’s programs such as:

  • Full-Time Master of Business AdministrationFull-Time Master of Business Administration
  • Professional Master of Business AdministrationProfessional Master of Business Administration
  • International Master of Business AdministrationInternational Master of Business Administration
  • Master of ManagementMaster of Management
  • Master of Business AnalyticsMaster of Business Analytics

There are professional development courses as well. All these combined keep them ranking as one of the top undergraduate business schools in Canada.

Tuition fees are payable in four equal instalments in the first week of September, January, May and the last September of the program. Upon receipt of an offer of admission, you will be required to submit a non-refundable and non-transferable $5,000 deposit in Canadian currency. 

Canadian Citizens and Permanent Residents: $51,417 CAD.

International students: $90,057 CAD.

Next application deadlines:

Domestic: Jan 6th, 2022

International: Jan 6th, 2022 

That’s how far we can go on the top undergraduate business schools in Canada.

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